Annual report [Section 13 and 15(d), not S-K Item 405]

Film and Television Costs, net

v3.25.1
Film and Television Costs, net
 12 Months Ended
Dec. 31, 2024
Other Industries [Abstract]  
Film and Television Costs, net

Note 8: Film and Television Costs, net

 

The following table highlights the activity in Film and Television Costs as of December 31, 2024 and December 31, 2023 (in thousands):

       
Film and Television Costs, net as of December 31, 2022   $ 7,780  
Additions to Film and Television Costs     1,078  
Disposals     (41 )
Film Amortization Expense and Impairment Losses     (7,536 )
Foreign Currency Translation Adjustment     14  
Film and Television Costs, net as of December 31, 2023     1,295  
Additions to Film and Television Costs     1,653  
Disposals     (75 )
Film Amortization Expense     (231 )
Foreign Currency Translation Adjustment     (21 )
Film and Television Costs, net as of December 31, 2024   $ 2,621  

 

During the year ended December 31, 2024, the Company recorded amortization expense of $0.2 million, During the year ended December 31, 2023, the Company recorded amortization expense of $0.6 million.

 

The Company did not incur any film and television impairment write-downs during the year ended December 31, 2024. For the year ended December 31, 2023, the Company recorded film and television impairment write-downs of $6.9 million.